Channelnomics thinks Microsoft's (MSFT) claim it has sold 40M Windows 8 licenses could be evidence of channel-stuffing. It notes many of the licenses may currently exist as inventory held by OEMs and resellers, and that StatCounter estimates Win. 8 is currently used on a mere 1% of the 1.5B PCs in operation. Nomura's Rick Sherlund is cutting estimates on Microsoft today, and says new Asian data points to a 7% Y/Y Q4 drop in PC shipments; a prior reading suggested flat growth.
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